CTN Class A Common Shares

Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") is
pleased to announce that it has closed on a first tranche of its previously
announced (April 17, 2012) brokered private placement for total gross proceeds
of $685,000.


The first tranche consists of 6,850,000 Units priced at $0.10 for total gross
proceeds of $685,000. Each Unit consists of one common share and one half
warrant. Each whole warrant is exercisable for one common share at $0.12 for a
period of eighteen months following the closing. The units are subject to a hold
period which expires in September 2012.


The Company paid Maison Placements Canada Inc., as Agent, fees of $40,000 and
issued 500,000 non-transferrable Agent's warrants. Agent's warrants are
exercisable into Units at $0.12 on the same terms as those issued pursuant to
the private placement. Insiders of the Company participated in this private
placement for a total of 1,300,000 Units.


Proceeds from this financing will be used for general working capital purposes.

ABOUT CENTURION

Centurion Minerals Limited is a Canadian-based company focused on the
exploration and development of gold and other precious metal projects in
Southeast Asia.


On Behalf of the Board,

David G. Tafel, President and CEO

This news release may contain forward-looking statements concerning future
operations of Centurion Minerals Ltd. (the "Company"). All forward-looking
statements concerning the Company's future plans and operations, including
management's assessment of the Company's project expectations or beliefs may be
subject to certain assumptions, risks and uncertainties beyond the Company's
control. Investors are cautioned that any such statements are not guarantees of
future performance and that actual performance and exploration and financial
results may differ materially from any estimates or projections.

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